The Reynolds Group worked with a property developer in downtown Los Angeles on a mixed-use commercial property development.
The client purchased a contaminated property in a tax distress sale. TRG offered strategic advice in regard to various funding options available to the Client: Orphan Site Cleanup Fund (OSCF) and the Emergency, Abandoned and Recalcitrant (EAR) account program, which both are within the California UST Cleanup Fund. The Client was admitted to receive help from the OSCF.
The site was in a blighted area of Los Angeles (west of downtown at 3rd Street). We helped the developer scope the environmental portion of the project and was instrumental in securing grant funding from the State. The City of Los Angeles Redevelopment Agency, the Federal and State EPA, and the Los Angeles Regional Water Quality Control Board were all part of the project process.
With the recent passage of SB 445, reimbursement from the California Underground Storage Tank Cleanup Fund has been temporarily extended. However, we are well-versed in securing funding for our Clients using the Orphan Site Cleanup Fund, EAR account or reimbursement via the California Cleanup Fund.
Environmental Contracting Services Reimbursed by the State of California UST Cleanup Fund!